Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.2% APRnext payment −$0.15 per $10,000 · paid last 24h −0.006%
Price spread now: Bybit against MEXC−0.016%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1281.285% of the position
Funding, last 7 days−0.121%−$12 on $10k
+Price spread, last 4 days (all we have)+0.157%+$16 · spread now −0.016%, 7d avg +0.041%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.057% cheaper against MEXC than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.041%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MEME_USDT | 0.0006219 | 0.0100 | pay 0.0050% / 4h | 2h 53m | $934K | $359K | 50x |
| Short | Bybit MEMEUSDT | 0.0006218 | 0.0070 | get 0.0035% / 4h | 2h 53m | $1.3M | $611K | 50x |
MEXC MEME_USDT
Bybit MEMEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$6.23
- Price spread: −0.016% → +0.041%
- −$5.67
- Slippage, 4 orders
- −$113.49
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$140.39
- Costs to cover
- 1.285%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 7 min ago; Bybit: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 7 min ago | 4.83 bp | 11.9 bp −$12 | 31.4 bp −$314 | 60.0 bp −$6,000 | 79.9 bp −$40.0K |
| Sell Bybit live order book, 2 min ago | 3.24 bp | 52.6 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
MEME on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX MEME/USD [WBTC.b-USDC] | L 0.0000% / S 0.0000% | 1h | 0.0006210 | −0.145% | — | — | 100x | as long as short |
| BloFin MEME-USDT | +0.0043% | 4h | 0.0006177 | −0.675% | $130K | $6K | 50x | as long as short |
| Bybit MEMEUSDTshort | +0.0070% | 4h | 0.0006218 | −0.016% | $1.3M | $611K | 50x | |
| Hyperliquid MEME | +0.0100% | 1h | 0.0006210 | −0.145% | $575K | $162K | 3x | as long as short |
| Binance MEMEUSDT | +0.0100% | 4h | 0.0006221 | +0.029% | $2.5M | $4.7M | 50x | as long as short |
| OKX MEME-USDT-SWAP | +0.0100% | 4h | 0.0006214 | −0.080% | $643K | $2.1M | 20x | as long as short |
| Gate MEME_USDT | +0.0100% | 4h | 0.0006209 | −0.161% | $434K | $73K | 20x | as long as short |
| MEXC MEME_USDTlong | +0.0100% | 4h | 0.0006219 | long leg | $934K | $359K | 50x | |
| KuCoin MEMEUSDTM | +0.0100% | 4h | 0.0006206 | −0.209% | $186K | $53K | 30x | as long as short |
| Bitget MEMEUSDT | +0.0100% | 4h | 0.0006217 | −0.032% | $449K | $772K | 25x | as long as short |
GMX MEME/USD [WBTC.b-USDC]
BloFin MEME-USDT
Hyperliquid MEME
Binance MEMEUSDT
OKX MEME-USDT-SWAP
Gate MEME_USDT
KuCoin MEMEUSDTM
Bitget MEMEUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MEME-USDT | +0.0100% | 4h | 0.0006215 | −0.064% | — | $2.4M | — | as long as short |
BingX MEME-USDT